Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON January 6, 1998
Full News Archive
- Headline: SBC's Historic Acquisition of SNET. Impact: If this acquisition hadn't happened, Connecticut might have remained a phone company desert, leading to a nationwide shortage of awkward conversations in diners. Just imagine the chaos!. Fact: SBC Communications' stock transaction was so massive that it could have funded a small nation—or at least a really nice party in Connecticut..
- Headline: Giuliani Says He May Not Sign Major Ban on Tobacco Ads. Impact: Giuliani's indecision about the tobacco ad ban sent shockwaves through the marketing world, leading to a future where smoking ads became even more creatively questionable. Thanks, Rudy!. Fact: If only Giuliani spent as much time contemplating public health as he did contemplating his next controversial statement..
- Headline: Gingrich Calls for Tax Cuts Tied to Any Budget Surplus. Impact: Gingrich's call for tax cuts tied to a budget surplus inadvertently set off a chain reaction that led to every politician since trying to find creative ways to spend money without actually helping anyone.. Fact: Tax cuts are like a magic trick: they seem great until you realize the rabbit is actually just more debt..
- Headline: AUTO MAKERS PLAN CUTS IN EMISSIONS OF SPORT VEHICLES. Impact: The push for lower emissions in sport vehicles led to a bizarre timeline where SUVs became the eco-friendly choice, confusing everyone who thought they were just gas-guzzling beasts.. Fact: Ford and Chrysler's emissions cuts were like putting a bow on a gas-guzzling monster truck—still a monster, just a little less monstrous..
- Headline: Excerpts From Remarks By Gingrich on the Budget. Impact: Gingrich's budget remarks were like a pebble dropped in a pond, creating ripples that made every budget meeting feel like a round of 'Who Wants to Be a Millionaire?'—without the million.. Fact: Listening to Gingrich talk about budgets is like watching paint dry, except the paint might actually have more exciting plans..
- Headline: Aetna Names Official to Health Care Unit. Impact: Aetna's appointment of a new official sparked a series of corporate reshuffles that eventually led to a future where health care executives became reality TV stars. The drama was real.. Fact: When executives leave abruptly, you know there's more drama than in a soap opera. Spoiler alert: it's all about the money..
- Headline: Bullied No More, Wizards Rap Knicks. Impact: The Wizards' victory over the Knicks sent shockwaves through the NBA, altering the fate of basketball fandom and leading to a generation of fans who'd never know true despair. Lucky them!. Fact: The Wizards winning is like finding a unicorn in your backyard—rare and slightly unbelievable..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1998, it would be worth $2,234,025 today (2234.0x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1998, it would be worth $914,661 today (914.7x return)